Village Grande at Ancient Oaks

Key facts from Village Grande at Ancient Oaks's documents

Reflects the 2015 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

single-family residential (Section 2.1(a) - harmonious development )

Legal name

Village Grande At Ancient Oaks

Units / lots

64 residential lots (Lots 1A through 32B) plus 7 outlots (A through G) (Exhibit A legal description: Lots 1A thr)

Developer / declarant

Village Grande Homeowners Association (amending); original developer Lewis Development, L.L.C. (Preamble (Association desires); Section )

Governing law

General Not-For-Profit Corporation Act of the State of Illinois (Exhibit B, Article 1)

Assessments & dues

Board presents Estimated Budget at annual meeting; after approval by Members, monthly fee is set for the calendar year (Section 8.3)

Special assessments

Allowed if Contingency and Replacement Reserve inadequate; assessed equally among Lots; 30 days notice required; for expenditures >15% of operating budget, 2/3 Member approval needed (Section 8.4(a), 8.4(b))

Collections & liens

Unpaid assessments become a lien on the Lot; may be foreclosed like mortgage; lien subordinate to prior mortgages. Foreclosure sale allowed; defaulting Owner restrained from reacquiring. (Sections 8.1, 8.8, 8.10)

Reserves & fees

Contingency and Replacement Reserve maintained by Board; amount determined by Board; expenditures >15% of operating budget require 2/3 Member approval (Section 8.4(a); Section 7.4(d))

Pets

Yes; reasonable number of inoffensive common domestic household pets (dogs, cats, fish, birds, etc.) (Section 3.10)

Leasing & rentals

Yes, subject to Board notification and approval (Section 3.2)

Parking & vehicles

Private roads; Board may regulate parking; no specific prohibition (Sections 3.9, 3.14 (Board authority to r)

Fences

Fences require ARC approval; no specific standards (height, material) beyond harmony of design (Section 4.1 (general approval); no separ)

Architectural approval

Yes; no building, fence, wall, structure, or landscaping work commenced without written approval; exterior additions or alterations also require approval (Section 4.1)

Home business

Allowed incidental to residential use, no exterior alteration, no signs, no customer/employee traffic, must comply with laws (Section 3.1(b)(1))

Signs & flags

Political or 'cause' signs not permitted on vacant lots, Outlots or Common Areas (Section 3.6)

Maintenance

Association: Common Area, roads, sidewalks, snow removal, certain Lot improvements per Exhibit C (including power washing Dryvit and window cleaning every 3 years). Owner: all other maintenance, including interior, exterior not covered, and (Sections 6.1, 6.2, 6.3, 6.4)

Use restrictions

Yes; all Lots shall be used only for Single-Family Dwellings (Section 3.1(a))

Voting & meetings

One vote per Lot; co-owners share one vote (Section 7.3(b); By-Laws Article 3.1(b))

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.